U.S. Streamers Talk Originals Content Spend Slowing: “Budgets Matter Again”

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U.S. Streamers Talk Originals Content Spend Slowing: “Budgets Matter Again”
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The Banff World Media Festival heard from global TV hit makers looking to keep standards high as they do more with less.

TV business execs noted demand for content worldwide was still growing as the industry comes through pandemic-related disruption and changes and a racial reckoning and is now beset by the WGA strike and threat of an actors strike in Hollywood.

Patrick Vien, group managing director, international at A&E Networks, which grew up around unscripted programming, noted the media player has gotten into scripted series in recent times. “Obviously, scripted productions are impacted at this time. But no one views this as a long-term hurdle,” he added as the industry looks to get back to work after the current labor disruption.

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